LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

More terms

Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Accounting standards

The rules a company follows when preparing financial statements.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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